SC
Empowers TRAI
The Supreme Court (SC) has
empowered the watchdog
Telecom Regulatory Authority
of India (TRAI) with powers
to penalize unscrupulous
telecom operators who induce
subscribers with carrots
only to withdraw them later.<More>

More
IPOs from India this Year
With changing economic
landscape, higher Foreign
Direct Investment (FDI), and
reforms, India will field
more Initial Public Offering
(IPO) in 2006 along with
West Asia, Brazil, and South
Korea.<More>

Democracy,
Politics and Judiciary

BJP-Cong
Alliance if there is no
“minorityism”
In a major departure from
traditional hostility the
Bharatiya Janata Party (BJP)
said that it would be happy
to work with the Congress
Party to spur reforms in
economy, democracy, and
society if it should give up
its agenda of “minorityism.”
<More>

Environment,
Health and Education

India
& US in Futuristic
Energy Project
The United States has
invited India to participate
in a futuristic
private-public project,
called the FutureGen that
will build a coal-based
power generation plant that
will have zero carbon
emissions at a cost of USD
950 million.<More>

Terrorism,
Defense, Security and Science &
Technology

Iran
Tests 2nd Radar
Avoiding Missile
As part of its military
exercises called “The
Great Prophet,” Iran
unveiled another
indigenously built missile
that can avoid radar
detection, be remote
controlled, and contain
sophisticated searching
mechanisms.<More>

Neighbors

India
Wants “Southern Consensus” in
LankaPrime
Minister Manmohan Singh told
former Sri Lankan Prime Minister
and current Opposition Leader
Ranil Wickremesinghe that Lanka
needs a “southern consensus”
between the two major parties to
deal with the Liberation Tigers of
Tamil Eelam (LTTE).<More>

The
Bill on National Rural Employment
Guarantee Scheme seeks to provide
guaranteed employment to one
member of every rural household
for at least 100 days a year for a
minimum wage of Rs.60 per day.
Out of 260 million poor people in
the country, about 200 million
poor people are in rural areas.
People in 45% rural India do not
get work for six months in a year.